Abra Reveals His New Global Cryptocurrency Buying Platform

Abra Inc. brings to its clients a completely new cryptocurrency market that will allow them to compare prices and buy more than 600 different types of cryptocurrency from single locations. The platform was designed to be global, meaning that it can be accessed by crypto merchants and fans from almost every point of the world.

Abra Allows Customers to Compare Crypto Prices

Abra – which was broadly established six years ago in 2014 – began as a peer-to-peer cryptocurrency payment platform where overseas employees could potentially send money back home to their families using blockchain technology.

However, in recent years, the company has moved more towards serving as a standard cryptocurrency exchange, where customers can buy, sell and trade masses of digital currencies such as bitcoin and Ethereum. As it stands, Abra’s services are available in more than 150 countries. In addition, it also offers customers the opportunity to invest their cryptocurrency units and potentially earn interest.

One of the major benefits of the company’s new trading market is how many new payment methods customers can use to get their fingers on crypto. As it stands, the company allows Visa and Mastercard payments, but it also allows payments through Apple Pay, Google Pay, Samsung Pay, SEPA, BPAY, and Australia Post – among other methods – to cover transactions.

In addition, customers can also use bank transfers to complete their purchases. At the time of writing, bank transfers are permitted provided they take place through financial institutions in Australia, India, Europe, the UK and Canada.

But perhaps the biggest advantage of the latest trading platform is that people can first see what currency is being sold where. They can decide what they want to pay and find a source that offers prices that best suit their needs and goals. From there, they can initiate payments to the source in question. This is designed to give traders more voice and versatility in their choices.

Some Small Dances Here and Here

Abra’s chief operating officer, Bill Barhydt, explained in a recent interview:

We are on a mission to drive the mainstream adoption of cryptocurrencies, and with the launch of the crypto market, we have taken it a step closer. Consumers can simply choose the cryptocurrency they want to buy in their local currency and check using bank transfers, credit cards and retail cash points.

Abra has experienced a few unusual things. In July last year, the company got into trouble with the U.S. Securities and Exchange Commission (SEC) for allegedly selling unregistered security tokens. The company settled with the agency, eventually paying a fine of about $ 300,000, although this was a small price to pay considering the company had collected more than $ 50 million in funding from initiatives such as American Express Ventures , RRE Ventures and the Stellar Development Foundation.

Tags: abra, Bill Barhydt, cryptocurrencies